Ball Pen HSN Code and GST Rate - 9608 HSN codes are adopted worldwide sharing a common approach of classifying products with an aim of facilitating trade and tax collection. It's important to note that due to globalization, countries have begun harmonizing their tariffs with the HSN system, as it provides a better structure for categorizing goods. In India, the Goods and Services Tax (GST) is structured using HSN codes whereby every product or service has a code for tax purposes. The system seeks to encourage uniformity in the classification of goods all over the world, thus facilitating trade and tax collection between nations. In the case of a ballpoint pen, it is the ball pen HSN code and the GST rate that is pertinent to the ball pen HSN code for all those involved in the business. In this article, we shall discuss the salient features of the ball pen HSN Code and GST rate which is also known as GST number 9608.
HSN Code for Ball Pens – 9608 According to the screenshot HSN code of a Ballpoint pen can be classified to HSN code 9608 which are Writing Instruments, including ballpoint pens, fountain pens, mechanical pencils, pens. Other removable parts of the blatant, scribbling, and writing tape markers.
9608 HSN Code: The code is also used for a variety of other kinds of pens including but not limited to the following: Ballpoint pens, Fountain pens, paint pens, pens that are equipped with a refill ink reservoir, and excluding felt-tip pens.
You Can Also Read: Pencil HSN Code and GST Rate - 9606
GST Rate for Ball Pens GST applicable for sale of ballpoint pens of HSN code 9608 is 18 percent .This is the case with all please refer to National Security Pen, Refillable pens, and the standard ballpoint pens. The rate of GST is 18% for these and such stationery products because they are common and used regularly, Examples are pencils, erasers, and marking pens. GST Rates for Writing Instruments HSN Code Description Rate (%) CESS (%) Effective Date Rate Revision 9608 Ball Point Pens; Felt Tipped And Other Porous Tipped Pens And Markers; Fountain Pens; Stylograph Pens And Other Pens; Duplicating Stylos; Propelling Or Sliding Pencils; Pen Holders, Pencil Holders And Similar Holders; Parts (Including Caps And Clips) 12/18 0 01/07/2017 12% 18% 960810 Ball Point Pens 12/18 0 01/07/2017 12% 18% 96081011 High Value BallPoint Pens 12/18 0 01/07/2017 12% 18% 96081012 Ball Point Pens With Body Or Cap Of Precious Metal Or Rolled Precious Metal 12/18 0 01/07/2017 12% 18% 96081019 Other 12/18 0 01/07/2017 12% 18% 96081092 Ball Point Pens With Body Or Cap Of Precious Metal Or Rolled Precious Metal 12/18 0 01/07/2017 12% 18% 96081099 Other 12/18 0 01/07/2017 12% 18% 960820 Felt Tipped Pen 12/18 0 01/07/2017 12% 18% 96082000 96084000 96085000 96086010 96086090 96089110 96089120 96089130 96089191 96089199 96089910 96089910 96089990 Ball Point Pens; Felt Tipped And Other Porous-Tipped Pens And Markers; Fountain Pens; Stylograph Pens And Other Pens; Duplicating Stylos; Propelling Or Sliding Pencils; Pen Holders, Pencil Holders And Similar Holders; Parts (Including Caps And Clips) 12/18 0 01/07/2017 12% 18% 960830 Fountain Pens, Stylograph Pens And Other Pens Fountain Pens 12/18 0 01/07/2017 12% 18% 96083011 High Value Fountain Pens 12/18 0 01/07/2017 12% 18% 96083012 With Body Or Cap Of Precious Metal Or Rolled Precious Metal 12/18 0 01/07/2017 12% 18% 96083019 Other 12/18 0 01/07/2017 12% 18% 96083021 High Value Pens 12/18 0 01/07/2017 12% 18% 96083022 With Body Or Cap Of Precious Metal Or Rolled Precious Metal 12/18 0 01/07/2017 12% 18% 96083029 Other 12/18 0 01/07/2017 12% 18% 96083091 High Value Pens 12/18 0 01/07/2017 12% 18% 96083092 With Body Or Cap Of Precious Metal Or Rolled Precious Metal 12/18 0 01/07/2017 12% 18% 96083099 Other 12/18 0 01/07/2017 12% 18% 960831 Indian Ink Drawing Pens 12/18 0 01/07/2017 12% 18% 960839 Other 12/18 0 01/07/2017 12% 18% 960860 Refills For BallPoint Pens, Comprising The BallPoint And Ink-Reservoir 12/18 0 01/07/2017 12% 18% 960891 Pen Nibs And Nib Points 12/18 0 01/07/2017 12% 18% 960899 Other 12/18 0 01/07/2017 12% 18%
The 18% tax is applicable regardless of the selling target, meaning selling point also from the manufacturer, wholesaler or even the retailer. This goes to their online sales and even when importing the pens.
Pricing Markup Structure Price Breakdown Cost Without GST GST at 18% Final Price (With GST) Ballpoint Pen (Retail) Rs.10 Rs.1.80 Rs.11.80 Ballpoint Pen (Wholesale) Rs.8 Rs.1.44 Rs.9.44
The retail price of the ballpoint products after the retail vendoring, without the 18% gst tax seems more likely the same in the end which shows again that wholesale selling for manufacturers will be the best option. With such an introduction of tax, it should also foster the economy for wholesalers and retailers since they will at least be able to recoup tax during massacring of raw materials.
Ball Pen Imports and HSN Code 9608 Imported ballpoint pens are also classified under HSN code 9608 which has a GST rate of 18 percent. These pens when brought into India attract a customs duty which is applicable on total value including freight charges. The point of applying the 18% GST is to ensure that the same rate of tax prevails on domestic and imported products. Customs Duty and GST on Imported Ballpoint Pens: Product HSN Code Customs Duty GST Ballpoint Pen (Import) 9608 Varies by country 18%
Even though the customs duty varies from country to country, the GST rate of 18 percent on imported ballpoint pens remains constant. This guarantees that all ballpoint pens, whether locally produced or imported, are subject to the same tax rates .
Conclusion The ball pen HSN code 9608 and ball pen hsn code and gst rateGST rate of 18 percent are important for correct classification and correct taxation of ballpoint pens in India. These codes are essential for understanding principles of manufactures, wholesalers or retailers in the GST regime which cuts down on the risks from tax problems. The 18 percent GST rate is more or less the same as for other stationery items and aids in bringing cost clarity to businesses.
Ballpoint pen manufacturers and traders are required to comply with the HSN code and GST rules in order to have seamless operations and grow the business. Also, as the industry transforms, knowledge of such changing policies in the GST system will also help in avoiding any possible penalties.
FAQs 1. Which HSN Code is assigned to the ball pens? The HSN Code for Ball Pens is 9608 as per the Indian Trade Classification , it covers multi-types of pen which also includes the ball pen.
2. How much GST is paid in addition to the cost of a ball pen bearing HSN 9608? The Additional CST levied on the Ballpoint pen which is under HSN 9608 is 18%.
3. Which come under HSN code 9608, is it an all pens or other types of pens too? Yes, included in the 9608 HSN code and GST rate are ballpoint and fountain pens and other similar writing instruments.
4. Is there a correlation between the GST and the pricing of ball pens and what is it? The HSN 9608 ball pens are Chargeable of 18% GST and it does add up to the cost of the Ball Pen affecting both the manufacturers and the consumers.
5. What are the advantages attributed to using the right HSN Code for Balls Pens? Using a proper HSN Code for the Ball Pen helps in Preventing Lack of GST Compliance with the GST Law and also helps in averting fines for the businesses.
People Also Ask 1. What is the HSN Code for ball pens under GST? The HSN Code for ball pens is 9608 , which covers writing instruments such as ballpoint pens, fountain pens, refill pens, and other similar writing tools.
2. What is the GST rate for ball pens under HSN Code 9608? All ball pens and other writing instruments under HSN Code 9608 attract a GST rate of 18% , applicable to manufacturers, wholesalers, retailers, and importers alike.
3. Are imported ball pens also taxed at 18% GST? Yes, imported ball pens fall under HSN Code 9608 and attract the same 18% GST rate , ensuring uniform taxation between domestic and imported products.
4. Can businesses claim Input Tax Credit (ITC) on ball pens? Registered manufacturers and traders can claim Input Tax Credit (ITC) on GST paid for raw materials or purchase of ball pens, provided they comply with GST filing and documentation norms.
5. Why is it important to use the correct HSN Code for ball pens? Using the correct HSN Code 9608 helps maintain GST compliance , prevents misclassification, and avoids penalties, ensuring smooth trade and transparent tax calculation.
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